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4 Back-of-the-Office Opportunities to Lift Recommerce’s Profitability

Retail TouchPoints

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Opportunity #1: Cost-efficient inventory management. However, skeptics worry recommerce isn’t a profitable or scalable business model.

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As Retail Delivery Grows, Tax Authorities Look for Their Share of Revenue

Retail TouchPoints

From the convenience of same- or one-day shipping provided by large online marketplaces to the luxury of having groceries or dinner delivered to your front door, the breadth and depth of delivery has created new revenue channels for businesses. 1, 2024, with a price tag of 40 cents per sale.

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Japanese Digital Marketplaces are Hot! What to Know About Setting Up Shop

Retail TouchPoints

Japan’s cross-border ecommerce market is growing as well: today it’s a $2 billion (USD) market, estimated to reach over $5 billion in 2030, and where new opportunities lie for U.S. Japanese consumers are extremely savvy, with purchases based on quality, value, packaging, style, reviews and of course, pricing. and global companies.

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Holiday Shopping 2021: How SEOs Can Help Clients Inspire, Deliver and Sustain

Retail TouchPoints

Your clients’ websites must clearly communicate how inventory can be delivered, arrival time frames, and what different shopping and shipping options cost. Undertake the following: Create a sitewide banner that boldly announces purchase-by dates for remote holiday shipping to prevent consumer letdown and brand reputation damage.

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Three Areas to Focus on Customer Service in 2022 and Win Online

GetElastic

A headline recently caught my eye, which highlighted the rising cost of delivering an ecommerce experience and how the days of going online for better deals may be shifting as retailers and branded manufactures start to raise prices online to improve margins. Returns/Exchanges.

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5 Things for Apparel Brands to Know About the Circular Economy

ESW

Sustainable apparel and luxury have received growing attention as more research about the harmful environmental effects of the industry’s sourcing, manufacturing and shipping practices surface. In fact, the secondhand clothing market is growing faster than any other channel in the U.S., Does a Circular Economy Matter?

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How to Choose the Best Live Chat Software for Your Business (2023)

Ecommerce Platforms

billion in 2030. Shared Inbox It’s also worth considering how the prospective live chat software will integrate with your other support channels. If you’re a small business just getting started, you might be able to handle each channel separately. Through these integrations, LiveChat supports a smooth multi-channel approach.

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